 looks to be on the way up. Despite retreating today by over 1% to 49.35p.){kind=link}
Lloyds Share Price
Having touched 50p this month the Lloyds share price (LON:LLOY) looks to be on the way up. Despite retreating today by over 1% to 49.35p, its price at the time of writing. Over the past six months the Lloyds share price is up by 25.7%. Over a longer period of a year, it has risen by 45%, in what appears to bee a sustained recovery from the pandemic-induced downturn. The question now is can Lloyds continue to make ground on its pre-pandemic level of 56p. Its H1 update in July could go some way to deciding the trajectory of the Lloyds share price for the remainder of 2021.
Dividends
Historically, Lloyds shares are popular, even when the share price is down, as they pay out a significant dividend. Investors will be on the look out for further announcements on this matter in the near future.
Lloyds, in April, said its intention was to resume a sustainable dividend policy. Analysts have even predicted a dividend yield this year of around 5.6%.
The next update on the matter can be expected to arrive when Lloyds announces its dividend policy in its H1 results in July. Between now and then, other factors could determine the Lloyds share price, such as the vaccine roll-out and broader economic issues. Although a month isn’t a long time in investing.